Steve Jobs’ buddy, Billionaire Larry Ellison showed cynicism in a recent interview regarding Apple’s future. The CEO of Oracle said that Apple was nothing without Steve Jobs leading it. Larry said that history would repeat itself. He was referring to the time when Jobs left Apple. Its fate took a tumble. And when he re-joined the organization it again picked up pace and reached the top. Larry suggested that this experiment had been done before. According to him, it showed conclusively that Apple’s kismet was tied to Steve Jobs’ leadership skills. And the present state of the firm without Jobs was headed towards a decline.
Larry has been known for making bold predictions and prognostications in the past as well. He once stated that Microsoft may be at its prime for now, but Oracle was the wave of the future. Apple has been facing a rollercoaster ride where its shares have been undergoing dips in fortune. The company needs to get in touch with its innovative self. The iWatch is one such technology which is being looked into in order to give Apple a boost. Apple underwent a depression of sorts from the mid 80s to the mid 90s when Steve Jobs left. The fact that he passed away two years back is already having an effect on morale at Apple. The times ahead are a rocky road for Apple alright. And Larry Ellison’s prophecies of doom seem right on target.
Source: Business Insider